Wildcatting is Back: The New Lower 48 Oil Plays
Operators wanting to grow oil inventory organically are finding promising potential as modern drilling and completion costs have dropped while adding inventory via M&A is increasingly costly.
China’s CNOOC Sells US Assets to Britain’s INEOS
The Chinese oil and gas major said CNOOC Energy Holdings U.S.A. entered into a sales agreement with a subsidiary of INEOS relating to CNOOC’s upstream oil and gas assets in the U.S. part of the Gulf of Mexico.
Interview: How the Incoming Administration Can Unleash American Energy – Alex Epstein
Kimberly Guilfoyle recently interviewed me on what I think the incoming administration, including some promising new political appointees, can do to unleash American energy. The full video and transcript are below. As a preview, here’s what I view as the top 5 energy policy priorities: Liberate responsible energy development End preferences for intermittent electricity Set …
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Biden’s $400 Billion Green Bank Gets Ready for Trump
With President-elect Donald Trump’s inauguration less than a month away, the Energy Department is getting clean tech loans finalized. Today’s newsletter looks at who’s getting loans — and how Trump can remake the office. Dude where’s my loan? By Ari Natter and David R. Baker US President Joe Biden’s $400 billion green bank has just weeks to close billions …
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Venture Global’s Plaquemines LNG Starts Production
Venture Global LNG reached a final investment decision on the 20 million metric tons per annum Plaquemines facility 30 months ago.
Canada Says it Will Respond Robustly if U.S. Imposes Tariffs But Some Premiers are Unhappy With Ottawa’s Repsonse
Ottawa and the provinces will respond robustly if the incoming U.S. administration goes ahead with a promise to impose tariffs on imports from Canada, Finance Minister Chrystia Freeland said on Friday. Prime Minister Justin Trudeau, Freeland and the 10 provincial premiers have held two phone calls recently to discuss how best to react if …
Partnership to Deploy Clean Frac Fleets Across Permian Basin
Diamondback Energy, Halliburton Energy Services and VoltaGrid are working together to deploy four advanced electric simul-frac fleets across the Permian in an effort to enhance clean and efficient energy solutions in the region.
Exclusive: Conduit, Riley Permian Powering Up the Permian
Beau Egert, chief commercial officer for Conduit Power, said Riley Exploration Permian is taking control of their own to provide power for their consumption and the community.
US House Panel Finds BlackRock, Other Asset Managers Leery of Joining Climate Initiative
(Reuters) – Top U.S. asset managers worried that signing up to an industry climate initiative could make them appear to be working too closely together and draw regulatory scrutiny, according to a report released Friday by a Republican-led U.S. Congressional Committee. The report is the latest released by the panel’s Republican majority as part of …
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Energy Transition in Motion (Week of Dec. 13, 2024)
Here is a look at some of this week’s renewable energy news, including the latest on explosive growth in grid-scale energy storage installations.